Tidewater Inc. 10.375% 03-JUL-2028Tidewater Inc. 10.375% 03-JUL-2028Tidewater Inc. 10.375% 03-JUL-2028

Tidewater Inc. 10.375% 03-JUL-2028

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TDW5608871 analysis



Key facts


Issue date
Jul 3, 2023
Maturity date
Jul 3, 2028
Outstanding amount
‪250.00 M‬USD
Face value
100,000.00USD
Minimum denomination
200,000.00USD
Coupon
10.38% (Fixed)
Yield to maturity
9.63%
Tidewater, Inc. engages in the provision of offshore marine support and transportation services to the offshore energy industry. The firm offers the towing of, and anchor handling for, mobile offshore drilling units, transporting supplies and personnel necessary to sustain drilling, work over and production activities, offshore construction and seismic and subsea support, geotechnical survey for wind farm construction, and a variety of specialized services such as pipe and cable laying. It operates through the following geographical segments: Americas, Asia Pacific, Middle East, Europe and Mediterranean, and West Africa. The company was founded in 1955 and is headquartered in Houston, TX.
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